RTGS Account means the real-time gross settlement account which a Participant has in MEPS+;
RTGS Account in relation to a Specified Institution that is a participant in MEPS+, means the real-time gross settlement account which the Specified Institution has in MEPS+;
RTGS Account means an account (or, to the extent permitted in accordance with the relevant RTGS rules in question, any group of consolidated accounts, provided that all such account holders are jointly and severally liable vis-à-vis the RTGS system in case of default) opened in the name of a participant on the books of an NCB or the ECB on which domestic payments and/or cross-border payments are settled,
Examples of RTGS Account in a sentence
The Clearing Member obliged to deliver must ensure that a respective amount is available on its relevant RTGS Account or euroSIC Account.
All Clearing Members must ensure their ability to effect payments on the due date thereof by having sufficient credit balances in the RTGS Account or the euroSIC Account.
All Clearing Members must ensure their ability to effect payments on the due date thereof by having sufficient credit balances in the RTGS Account or in the euroSIC Account.
All Clearing Members must ensure their ability to effect payments on the due date thereof through sufficient credit balances in the RTGS Account or the euroSIC Account.
In order to make cash payments in EUR, the Clearing Member or, with respect to the Clearing of Basic Clearing Member Transactions, the Clearing Agent or the Basic Clearing Member is obliged to instruct the bank of its relevant RTGS Account or relevant euroSIC Account to honour the transfer instructions ( Lastschriften) received from Eurex Clearing AG.
More Definitions of RTGS Account
RTGS Account means the SGD RTGS account which an Eligible Counterparty has in MEPS+;
RTGS Account means an account —
RTGS Account means the real-time gross settlement account which a Participant has in MEPS+; “Service Provider” means the operator of MEPS+; “Secondary Dealer” means a financial institution approved by MAS to be a dealer of SGSMB, that is not a Primary Dealer; “SGS” or “Singapore Government Securities”, means Government securities as defined in and issued under the Government Securities Act (Cap. 121A) and Treasury Bills as defined in and issued under the Local Treasury Bills Act (Cap. 167); “SGSMB” means SGS, MAS Bills, or both, as the case may be; “SGSMB transaction” means a transaction for the sale, purchase, repurchase or transfer of SGSMB under MEPS+, whether for consideration or otherwise, and whether including or free of payment under MEPS+; “Sponsoring Bank” shall have the same meaning as that defined in the “Bye-Laws of Singapore Clearing House Association in respect of G3”; “Sponsored User” shall have the same meaning as that defined in the “Bye- Laws of Singapore Clearing House Association in respect of G3”;
RTGS Account means the real-time gross settlement account which a Participant has in MEPS+; “Service Provider” means the operator of MEPS+; “Secondary Dealer” means a financial institution approved by MAS to be a dealer of SGSMB, that is not a Primary Dealer; “SGS” or “Singapore Government Securities”, means Government securities as defined in and issued under the Government Securities Act (Cap. 121A), and Treasury Bills as defined in and issued under the Local Treasury Bills Act (Cap. 167), and securities issued under the Significant Infrastructure Government Loan Xxx 0000; “SGSMB” means SGS, MAS Bills, or both, as the case may be; “SGSMB transaction” means a transaction for the sale, purchase, repurchase or transfer of SGSMB under MEPS+, whether for consideration or otherwise, and whether including or free of payment under MEPS+; “Sponsoring Bank” shall have the same meaning as that defined in the “Bye-Laws of Singapore Clearing House Association in respect of G3”; “Sponsored User” shall have the same meaning as that defined in the “Bye- Laws of Singapore Clearing House Association in respect of G3”;
RTGS Account means the real-time gross settlement account which a Participant has in MEPS+; “Service Provider” means the operator of MEPS+; “Secondary Dealer” means a financial institution approved by MAS to be a dealer of SGSMB, that is not a Primary Dealer; “SGS” or “Singapore Government Securities”, means Government securities as defined in and issued under the Government Securities Act (Cap. 121A) and Treasury Bills as defined in and issued under the Local Treasury Bills Act (Cap. 167) collectively; “SGSMB” means SGS, MAS Bills, or both, as the case may be;
RTGS Account means the real-time gross settlement account which a Participant has in MEPS+; “Service Provider” means the operator of MEPS+; “Secondary Dealer” means a financial institution approved by MAS to be a dealer of SGSMB, that is not a Primary Dealer; “SGS” or “Singapore Government Securities”, means Government securities as defined in and issued under the Government Securities Act (Cap. 121A),and Treasury Bills as defined in and issued under the Local Treasury Bills Act (Cap. 167),Government Securities (Debt Market and Investment) Xxx 0000, and securities issued under the Significant Infrastructure Government Loan Xxx 0000; “SGSMB” means SGS, MAS Bills, or both, as the case may be; “SGSMB transaction” means a transaction for the sale, purchase, repurchase or transfer of SGSMB under MEPS+, whether for consideration or otherwise, and whether including or free of payment under MEPS+;
RTGS Account means the real-time gross settlement account which a Participant has in MEPS+; “Service Provider” means the operator of MEPS+; “SGS” or “Singapore Government Securities”, means Government securities as defined in and issued under the Government Securities Act (Cap 121A) and Treasury Bills as defined in and issued under the Local Treasury Bills Act (Cap 167) collectively; “SGSMB” means SGS, MAS Bills, or both, as the case may be; “SGSMB transaction” means a transaction for the sale, purchase, repurchase or transfer of SGSMB under MEPS+, whether for consideration or otherwise, and whether including or free of payment under MEPS+; “start of a business day” means the time of a business day from which the host system is ready and able to process Transactions for value on that day; “SWIFT” means the Society for Worldwide Interbank Financial Telecommunication SCRL, a society established and registered in Belgium that has set up an international value-added transport network for the provision of SWIFT Messaging Services;